Sun Nepal Life Completes Right Share Allotment

Kathmandu – Sun Nepal Life Insurance Company Limited has successfully completed the allotment of its right shares issued for sale from Baisakh 30 to Ashar 3 (May 13 to June 17). The company had offered a total of 1,696,320...


Micro-Insurance Companies Earn Over Rs 849 Million in Premiums in 11 Months

Kathmandu – Nepal’s non-life microinsurance sector has seen steady growth, with four microinsurance companies collectively earning over Rs 849.5 million in insurance premiums during the first 11 months of the current fiscal year 2081/082. According to data released by...


Non-Life Insurance Premium Income Rises by 7.44% in Nepal; Shikhar Leads, Oriental Records Highest Growth

Kathmandu – The insurance premium income of non-life insurance companies in Nepal has increased by 7.44% in the first 11 months of the current fiscal year. According to financial data published by the Nepal Insurance Authority, 14 non-life insurance...


Non-Life Insurance Companies in Nepal Collect Rs 39 Billion in Premiums

Kathmandu – Nepal’s non-life insurance sector has reported impressive earnings, with 14 operating companies collectively generating a total premium income of Rs 39.03 billion in the first eleven months of the current fiscal year. According to the latest data...


Nepal Life to Finalize Incentive Calculations Based on Policies Within the Current Fiscal Year

Kathmandu – Nepal Life Insurance Company Limited has issued a directive to its branch and sub-branch offices nationwide, instructing them to complete all policy-related tasks for the current fiscal year within the stipulated timeline. According to a circular released...


Himalayan Life Insurance Mourns the Loss of Long-Time Employee Tej Bahadur Bhandari

Kathmandu – Himalayan Life Insurance Company Limited is mourning the untimely demise of one of its dedicated employees, Mr. Tej Bahadur Bhandari. He was serving as a Marketing Officer at the company’s Narayani branch office in Chitwan. According to...


Indian Pilgrims Re-enter Tibet for Kailash Mansarovar Yatra After Six Years

Kathmandu – In a significant milestone for post-pandemic pilgrimage travel, Kailash Vision Treks has successfully led a group of Indian pilgrims across the Tibet border for the Kailash Mansarovar Yatra—the first such crossing in six years since the onset...


Nepal Insurance Authority Sets Final Policy Issuance Date for Fiscal Year

Kathmandu — The Nepal Insurance Authority has announced that insurance companies will not be permitted to issue any new insurance policies after Ashar 28 (July 12), marking the official business closing date for the current fiscal year. The decision...


MetLife Nepal Launches Policy Revival Campaign with Late Fee Waivers

Kathmandu — MetLife Nepal has introduced its annual policy revival campaign, offering a valuable opportunity for customers to reinstate their lapsed life insurance policies and strengthen their long-term financial security. As part of the campaign, the company is providing...


Prema Rajya Lakshmi Singh Takes Oath as Chairperson of National Life Insurance

Kathmandu — Prema Rajya Lakshmi Singh has officially taken the oath of office and secrecy as the chairperson of the board of directors of National Life Insurance Company. The oath was administered by Sharad Ojha, Chairperson of the Nepal...